The curent price action is very tough to stomach. Remember the pendulum of greed and fear - it swings hard both ways. The market has become complacent so quickly! I would bet that VOL and therefore VIX ticks up in the near future. Caveat: fees and friction from futures rolls will decay VXX faster than a VIX uptick.
IMO this instrument is useful to hedge a long portfolio that participated in last year's monster rally.
this is another scam etn. that is all. another way for the crooks to steal. i mean cmon look at the chart. you have to be a retard to buy this thinking it is going to bounce off that ugly never ending bottom!!!!!
It's sad how this same story plays out every trading day on this bd. Some schmuck discovers VXX and decides it's a) a great 'hedge' versus an inevitable market correction, or b) it's bottomed out because VIX has hit 20 or some other numer.